2.

Advanced Compensation Module

Merit Process

 Setup Merit Plans

 Create Merit Plans
 Create Custom Merit Statements
 Initiate Merit process
 Manage multiple compensation Events during merit process
 Change Merit pools
 Distribute Merit polls to organizations
 Launch Employee Merit Awards
 Propose Employee Merit Awards
 Review promotions in Merit Process
 Approve Employee Merit Awards
 Release Merit Statements
 Request Merit Adjustment Using EIB

Bonus Process

 Setup Bonus Plans

 Create Deferred Bonus calculations
 Create Bonus Plans
 Create future payment plans
 Create future payment plans and True ups
 Steps: Pay for company performance
 Create compensation score cards
 Create compensation score card results
 Company performance options
 Assign future payment plans to employees
 Calculate outstanding balances for future payment plans
 Recind Bonuses for individual employees.
 Steps: Setup Eligible earnings overrides for Bonuses
 Crete Eligible earnings overrides for Bonuses
 Give Bonuses to Multiple Employees
 Steps: Request Bonus Payment Using EIB

STOCK Process.

 Steps: Set Up Stock Plans

 Create Stock Plans
 Request Stock Grants
 Add Stock Grants
 Initiate Stock Processes
  Manage Multiple Compensation Events During Stock Processes
 Change Stock Pools
 Distribute Stock Pools to Organizations
 Launch Employee Stock Grants
 Propose Employee Stock Grants
 Approve Employee Stock Grants
 Update Stock Grants
 Steps: Request Stock Grant Using EIB
 Steps: Update Stock Grants Using EIB

One Time Payment

 Steps: Manage One-Time Payment

 Create One-Time Payment Plans
 Request One-Time Payments for Employees
 Steps: Request One-Time Payment Using EIB

Compensation Basis

 Create Configurable Compensation Basis

 Create Calculation Compensation Basis
 Concept: Compensation Basis